President Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base in Busan, South Korea, on Oct. 30, 2025. Trump heads to Beijing for another meeting with Xi on Tuesday.
Foreign ministers of the European Union on Monday agreed to a set of sanctions aimed at Israeli settlers in the occupied West Bank.
Could imposing a toll to pass through the Strait of Malacca, the narrow stretch of water that connects the Indian Ocean with the Pacific, be a profitable business? Indonesia's Finance Minister Purbaya Yudhi Sadewa seemed to float the idea at the end of April.
When the trade ministers of the so-called Group of Seven, or G7, nations met in Paris this week, they were supposed to be talking about the most pressing issues facing global trade, including critical minerals and the impact of the Iran war.
For more than two months, there have hardly been any merchant ships passing through the Strait of Hormuz amid the ongoing blockade. Africa is being hit by the full brunt of the conflict in the Middle East, with canceled flights, long lines at petrol stations, and barren fields across the continent.
Skip next section What you need to know What you need to know German exports have risen 0.5% month on month and 1.9% year on year in March, while imports have jumped 5.1% Shipments to the US and China have declined sharply Germany's Commerzbank says plans 3,000 job cuts to fend off a takeover bid by
A US trade court has dealt a fresh blow to President Donald Trump's tariff strategy, ruling that his new 10% global tariffs were unlawful.
Richard Brown runs Proof Culture, a sneaker accessory company, out of his Ohio home. As a small importer, he's struggled to navigate toward tariff refunds.
The Trump administration is trying to force Iran into concessions by cutting off its oil exports. Will it prevail? A ceasefire has been in place between the US and Iran after weeks of fighting, with Washington now seeking ways out of the conflict with Iran. Two options are on the table.
US President Donald Trump on Thursday said he was lifting tariffs on whisky from the United Kingdom, in a gesture to King Charles III and Queen Camilla after their royal state visit.
Skip next section World facing a 'major economic and energy challenge,' IEA head says April 30, 2026 World facing a 'major economic and energy challenge,' IEA head says The head of the International Energy Agency, Fatih Birol, has told a Paris climate conference that the world "is facing a major economic and energy challenge" amid
India's pharmaceutical industry, the backbone of global generic drug supply, is coming under pressure as the Iran war disrupts energy markets and trade routes. India is the largest producer of generic drugs, which are cheaper pharmaceutical products made to match brand-name drugs in quality and performance as well as safety.